Verified MB-310 Exam Dumps PDF [2023] Access using Prep4sureGuide
Try Best MB-310 Exam Questions from Training Expert Prep4sureGuide
You can read the Best Solution to prepare Microsoft MB-310 Certification Exam
There are many methods by which a person can prepare for the Microsoft MB-310 Certification exam. Some people prefer to watch tutorials and courses online, while others prefer to answer the questions from the Microsoft MB-310 Exam from the previous year, and some people use appropriate preparation materials to prepare. All methods are valid, but the most useful way is to use Microsoft . The preparation stuff is a complete set that allows people to know every detail about the certification and fully prepare the candidates. Certifications-questions is one of the reliable, verified and highly valued website that provides its online clients with highly detailed and related online exam preparation materials. Our specialists have created the best quality exam dumps for all specialists who need to pass the exam the first time. The success of all our clients speaks for us and we are very proud to have the greatest success rate. All of our clients have used our exam preparation stuff for various certification exams and passed the actual exam after using our practice test software and answers to exam questions. If you need help, you can always contact our technical support team so we can assist you to solve your issues.
To get a well-paying job, you should consider taking one of the famous certification exams. If you need to pass the certification exam on the first try and become a certified expert, you should think of finding the most reliable source that will help you pass multiple certification exams. Prep4sureGuide can assist you to improve your chances of passing any certification exam. We have worked hard to create great preparation stuff for anyone who wants to take a certification exam to improve the possibilities of getting a well-paying job in the industry. To increase your possibilities, you should consider using the exam dumps provided by us.
To become a certified expert and acquire skills that will assist you in your future plans, you should think about focusing on your training. Expert certification exams can help you improve your performance and increase job opportunities in the IT sector. If you've worked in a company and want to take a certification exam, Prep4sureGuide can help you prepare for the exam. You can quickly remove any exam using the exam dumps provided by Prep4sureGuide. Our specialists are regularly working to improve your expertise and knowledge by creating valid test preparation stuff.
Prep4sureGuide offer you self-assessment tools that help you estimate yourself. Intuitive software interface The practical assessment tool for Microsoft includes several self-assessment features, such as timed exams, randomized questions, multiple types of questions, test history, and test results, etc. You can change the question mode according to your skill level. This will help you to prepare for a valid Microsoft MB-310 Exam exam dumps.
NEW QUESTION # 66
A client has Accounts payable invoices in their legal entity in three different currencies. It is month-end, and the client needs to run the foreign currency revaluation process to correctly understand their currency exposure.
You need to set up Dynamics 365 Finance to perform foreign currency revaluation.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.
NOTE: More than one order of answer choices is correct. You will receive credit for any of the correct orders you select.
Answer:
Explanation:
1 - In the General ledger module, select the periodoc task foreirn currency revalution. Then, specify the accounts eligible for revalution, excluding the Accounts payable account,select the currency, and select preview before posting.
2 - On the main account setup form, set foregin currency revalution to on for the Accounts payable account. Then, specify the exchange rate type.
3 - In the Accounts payable module, select the periodic task foreign currency revalution. Then, specify the parameters for revalution and perform the revalution.
4 - In the foreign currency revalution preview form, ensure that the foreign currency proposl is correct. Then post the revalution.
NEW QUESTION # 67
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution. Determine whether the solution meets the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
A customer uses Dynamics 365 Finance.
The controller notices incorrect postings to the ledger entered via journal.
The system must enforce the following:
* Expense accounts (6000-6998) require department, division, and project with all transactions. Customer dimension is optional.
* Revenue accounts (4000-4999) require department and division and allow project and customer dimensions.
* Liability accounts (2000-2999) should not have any dimensions posted.
* Expense account (6999) requires department, division, project and customer dimensions with all transactions.
You need to configure the account structure to meet the requirements.
Solution:
* Configure two account structures: one for liability accounts listing the (2000-2999) range with no following dimensions and one for Expense and Revenue accounts.
* For Expense accounts (6000-6998) and Revenue accounts (4000-4999), configure asterisks in all dimension columns.
* For Expense account (6999), configure asterisks in all dimensions. Configure an asterisk and quotes in the customer dimension.
Does the solution meet the goal?
- A. Yes
- B. No
Answer: B
Explanation:
Explanation
As asterisk in all dimension columns would mean that a value must be configured for all dimensions.
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/configure-account-structures
NEW QUESTION # 68
An organization is setting up a cost accounting.
You need to set up fiscal calendars for Dynamics 365 for Finance and Operations.
What are three uses for fiscal calendars? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.
- A. fixed asset depreciation
- B. shift work hours
- C. budget cycles
- D. standard work hours
- E. financial transactions
Answer: A,C,E
Explanation:
Section: Set up and configure financial management
Explanation/Reference:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/fiscal-calendars-fiscal- years-periods
NEW QUESTION # 69
A company plans to use Dynamics 365 for Finance and Operations. You need to configure basic budgeting.
Which set of actions must you perform?
Which set of actions must you perform?
- A. Option D
- B. Option A
- C. Option B
- D. Option C
Answer: A
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/basic-budgeting-overview
NEW QUESTION # 70
A company manufactures air filtering units few industrial manufacturing plants.
During the acquisition of one of the components that is used in the unit, an agreement is reached that the $25.
000 component mil be paid for in the following schedule:
* The first payment will be $10,000
* The remaining balance will be distributed equally and due on the 15m of the month for the next three months. You need to configure the system for the payment schedule.
What should you do?
- A. Specify a fixed quantity payment of 5.
- B. Enter $25,000 in the Amount of Transaction Quantity field.
- C. Use the Specified allocation method.
- D. Set the Fixed allocation method Rued Amount field lot the monthly amount.
Answer: D
NEW QUESTION # 71
You need to ensure Trey Research meets the compliance requirement.
Which budget technology should you implement? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point
- A. set-based budget processing
- B. budgeting workflows
- C. budget codes
- D. the Excel budget template
Answer: D
NEW QUESTION # 72
A company implements baste budgeting functionality in Dynamics 365 Finance in multiple departments that belong to the same legal entity. Managers must be able to identify and track budgets by department You need to configure the system. What should you configure?
- A. Budget entries workflows
- B. Budget transfer rules
- C. Budget model with sub-model
- D. Budget codes and budget types
Answer: D
NEW QUESTION # 73
A company is preparing to complete a year-end close process.
You need to configure the Dynamics 365 for Finance and Operations General ledger module. Which three configurations must you use? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
- A. Configure the ledger calendar for the new fiscal year.
- B. Configure the transfer balance.
- C. Create the next fiscal year.
- D. Validate the main account type.
- E. Configure the Fiscal year dose parameters.
Answer: A,C,D
NEW QUESTION # 74
A client is using Dynamics 365 Finance for sales order processing and accounts receivable. The client has two customer groups and two Accounts receivable trade accounts. Foreign customers in Group 80 are assigned to account 12001. Domestic customers in Group 40 are assigned to account 12000.
You are viewing the client's current setup of Customer posting profiles.
Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/accounts-receivable/customer-posting-profiles
NEW QUESTION # 75
You need to adjust the sales tax configuration to resolve the issue for User3.
What should you do?
- A. Run the payment proposal to generate the sales tax liability payments.
- B. Create multiple sales tax remittance vendors and assign them to the settlement period.
- C. Create a state-specific settlement period and assign the US tax vendor to the settlement period.
- D. Create multiple settlement periods and assign them to the US tax vendor.
Answer: C
Explanation:
Explanation/Reference:
Manage and apply common processes
Question Set 1
NEW QUESTION # 76
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You are configuring the year-end setup in Dynamics 365 for Finance and Operations.
You need to configure the year-end setup to meet the following requirements:
* The accounting adjustments that are received in the first quarter must be able to be posted in to the previous year's Period 13.
* The fiscal year closing can be run again, but only the most recent closing entry will remain in the transactions.
* All dimensions from profit and loss must carry over into the retained earnings.
* All future and previous periods must have an On Hold status.
Solution:
* Configure General ledger parameters.
* Set the Delete close of year transactions option to Yes.
* Set the Create closing transactions during transfer option to Yes.
* Set the Fiscal year status to permanently closed option to Yes.
* Define the Year-end close template.
* Designate a retained earnings main account for each legal entity.
* Set the Financial dimensions will be used on the Opening transactions option to Yes.
* Set the Transfer profit and loss dimensions' option to Close All.
* Set future Ledger periods to a status of On Hold.
Does the solution meet the goal?
- A. Yes
- B. No
Answer: B
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-end-close
NEW QUESTION # 77
After you answer a question in this section, you will NOT be able to return to it As a result, these questions will not appear in the review screen.
A company is preparing to complete yearly budgets.
The company plans to use the Budget module in Dynamics 365 for Finance and Operations for budget management You need to create the new budgets.
Solution: Combine budgets from multiple legal entities to a master budget.
Does the solution meet the goal?
- A. Yes
- B. No
Answer: B
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-overview-configuration
NEW QUESTION # 78
You Create a financial dimension set named MA + DEPT+PROJ as shown in the following screenshot. The financial dimension set include the following dimensions:
* Main Account
* Department
* Project
Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic. NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION # 79
You need to configure the system to for existing purchasing contracts.
Which commitment types should you use? To answer, drag the appropriate commitment types to the correct requirements. Each commitment type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/procurement/tasks/create-purchase-agreement
NEW QUESTION # 80
A client plans to use the cost accounting module in Dynamics 365 for Finance and Operations. You need to associate the correct definitions to the correct cost accounting concepts. Which terms match the definitions?
To answer, select the appropriate configuration in the answer are3. NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cost-accounting/terms-cost-accounti
NEW QUESTION # 81
A rental service company hires you to configure their system to implement accrual schemes.
You need to configure the accrual schemes for this company.
Which configuration and transaction options should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION # 82
You need to setup a process of tracking, recording, and analyzing costs associated with the products or activities of a nonmanufacturing organization.
You need to configure the prerequisite setup for the standard costing version for the current period.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.
Answer:
Explanation:
1 - Create an item model group for standard costs
2 - Define ledger accounts that are related to standard cost variances
3 - Assign ledger account to item postings that are related to standard cost variances
4 - Define inventory parameters that are related to standard costs
Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/cost-management/prerequisites-standard-costs
NEW QUESTION # 83
You are a functional consultant for Contoso Entertainment System USA (USMF).
You need to implement a quarterly accruals scheme for USMF. The accrual scheme settings must match the settings of the monthly and annual accrual schemes.
To complete this task, sign in to the Dynamics 365 portal.
- A. Look at the monthly and annual accrual scheme settings. Create a quarterly accrual scheme with the same settings by using the following instructions
Answer: A
Explanation:
Go to Navigation pane > Modules > General ledger > Journal setup > Accrual schemes.
Select New.
In the Accrual identification field, type a value.
In the Description of accrual scheme field, type a value.
In the Debit field, specify the desired values. The main account defined will replace the debit main account on the journal voucher line and it will also be used for the reversal of the deferral based on the ledger accrual transactions.
In the Credit field, specify the desired values. The main account defined will replace the credit main account on the journal voucher line and it will also be used for the reversal of the deferral based on the ledger accrual transactions.
In the Voucher field, select how you want the voucher determined when the transactions are posted.
In the Description field, type a value to describe the transactions that will be posted.
In the Period frequency field, select how often the transactions should occur.
In the Number of occurrences by period field, enter a number.
In the Post transactions field, select when the transactions should be posted, such as Monthly.
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/tasks/create-accrual-schemes
NEW QUESTION # 84
SIMULATION
You are a functional consultant for a legal entity named Contoso Group (GLCO).
You plan to sell new products that will increase in quality over time.
You need to implement a solution that uses the Last in, First out (LIFO) inventory model for GLCO.
To complete this task, sign in to the Dynamics 365 portal.
- A. You need to configure an Inventory Model Group for the new products.
* For inventory model groups, navigate to Inventory management | Setup | Inventory | Item model groups.
* In the "Cost method and cost recognition" section, configure the "Inventory Model" setting to Last in, First out (LIFO).
* Click "Save" to save the inventory model group. - B. You need to configure an Inventory Model Group for the new products.
* For inventory model groups, navigate to Inventory management | Setup | Inventory | Item model groups.
* Click "New" to create a new inventory model group.
* In the "Cost method and cost recognition" section, configure the "Inventory Model" setting to Last in, First out (LIFO).
* Click "Save" to save the inventory model group.
Answer: B
NEW QUESTION # 85
You are setting up a budget plan to accurately portray the projected budget for a company.
You need to select the appropriate allocation method for data distribution.
Which allocation methods should you use? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-data-allocation
NEW QUESTION # 86
A company is implementing Microsoft Dynamics 355 -Finance. The company plans to Implement the fixed asset module. You have the full awing requirements:
* Post transactions to the tax depreciation hook at the same interval as the primary book.
* Tax transactions must be journalized without being recorded in the general ledger.
You need to configure the 'wet! asset books.
Which conjuration option should you use? To , drag the appropriate urn figurations to the correct requirement. Each configuration may be used once, more than once, more not at all You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION # 87
......
The MB-310 certification exam covers a wide range of topics, including financial management, financial reporting, budgeting, accounts payable and receivable, fixed assets, and cost accounting. MB-310 exam also assesses candidates' ability to configure and use financial management functionalities in Dynamics 365 Finance. MB-310 exam is designed to test the candidate's ability to work with Dynamics 365 Finance in the real-world scenarios.
Latest 100% Passing Guarantee - Brilliant MB-310 Exam Questions PDF: https://www.prep4sureguide.com/MB-310-prep4sure-exam-guide.html
Practice Examples and Dumps & Tips for 2023 Latest MB-310 Valid Tests Dumps: https://drive.google.com/open?id=1gO3Y1zF4769xBn7lPxrBD-2s5_WM_tnH